
Is it possible for a Bulgarian company to achieve international success?
Is it possible for a Bulgarian company to achieve international success? Forever stuck in the cage of thought that “We are too small, we are too weak”, many Bulgarians would answer “No!” to such question. But how big is a man depends not on the size of one’s country. Or the specifics of the environment but on the man’s dreams. Well, only dreaming would not make a Bulgarian company or any company to break through to the international markets. Reaching to the success out of your state requires much more. Some of these qualities are clever ideas, hard-working, consistency, lots of contacts and some bit of luck.
So Bulgarian business is no longer capsulated inside the inner market. The country can now step bravely and convincingly on the territory of the most developed European countries. The amount of funds local companies invest outside the country is a proof in that direction. However it is not the best proof. One Bulgarian company reached a really high level in the software industry. The same company was eventually bought by an American consortium for a sum amounting above quarter billion dollars. Another firm in telecommunication and broadcasting recently launched its own satellite. It is expected to be an important player in the region.
One of every 11 Eastern European firms in the Top 100 is a Bulgarian company, a report by SeeNews agency says.
Well, you might argue that the origin of predominant part of those companies is foreign. And also that the enterprises have been formed as Bulgarian just because the law treats every firm registered in the country as Bulgarian. But isn’t that another proof that businessmen from abroad saw that potential in the local market and made it grow beyond the state’s boundaries? Just because you are small now does not mean you cannot grow to the skies in foreseeable future. At BulgarianLaw.co we are trying to support every Bulgarian company in attempts to create a successful business and operate on a wide ground.
